Aiken Takes Steps Towards Recovery from Tropical Storm Helene
On a mostly cloudy day in Aiken, South Carolina, as of the morning of October 5, 2024, residents woke up to temperatures reaching a balmy 83°F and light northeastern winds. But underlying the picturesque weather is the aftermath of Tropical Storm Helene, which has left many local homeowners facing unexpected challenges and expenses.
Emergency Relief Loan Offered by Security Federal Bank
In response to this urgent situation, Security Federal Bank has stepped up to the plate with a newly announced Hurricane Helene Emergency Relief Loan. This innovative program aims to provide much-needed financial assistance for homeowners caught off-guard by storm-related damages. The bank is offering loans of up to $15,000, designed specifically to assist our community during this tough time.
The terms are encouraging, featuring repayment periods up to 48 months and competitive interest rates. If you choose to set up auto-pay from either a new or existing checking account with Security Federal, your annual percentage rate (APR) will be 7.5%. However, if auto-pay isn’t your style, the rate increases slightly to 8%. It’s worth noting that having a Security Federal checking account is a requirement for applying.
The bank emphasizes that the application process is “fast and streamlined,” so those needing assistance can focus on what really matters – getting back to normalcy.
Where to Access Help
The Emergency Relief Loan is available to homeowners across Security Federal’s service area, which includes 15 locations spread over Aiken, Ballentine, Columbia, Langley, Lexington, North Augusta, Wagener, West Columbia, and two branches in Augusta, Georgia. Customers can reach out for more details by calling 803-641-3000.
Currently, the remaining branches in Riverwood, Graniteville, Ridge Spring, and Clearwater are temporarily closed as crews work diligently to restore electrical power in the region.
Aiken City Council’s Response
However, there are reports that the efforts to fully restore power in Aiken County have hit a few snags. While workers are assuredly tackling tasks east of the county first, residents are hoping for a quicker response as help arrives.
Upcoming Resources for Residents
As part of the recovery efforts, shelters have opened in both Aiken and North Augusta, offering a safe haven for those still in need. An insurance claims village is also set to take place on October 7-8, which will provide an excellent opportunity for residents to get their questions answered and call in claims related to damages caused by Helene.
In conclusion, the community of Aiken is coming together, with both local banks and city officials playing critical roles in helping residents get back on their feet after the storm. If you or someone you know needs assistance, keep an eye out for the various resources being offered. We will weather this storm together, Aiken!
